All deposits in Armenia’s banks valued at over AMD 1 364,7 bln in May, 2.4% up

YEREVAN, July 15./ARKA/. All deposits in Armenian commercial banks rose  in May  by 2.4% from April  to 1 364,7 billion drams, according to the Central Bank of Armenia.

Residents’ deposits valued at 1 016,9 billion drams (1.2% growth month over month), non-residents’ deposits- 330.4 billion drams (6.4% upturn).

The volume of AMD deposits of residents decreased  by 1.6% in May from April to about 370.6 billion drams.  Deposits in foreign currency increased by 2.8% to over 646.2 billion drams. As of May  2013, there are 21 commercial banks registered in Armenia. ($1 – 409.93 drams). —0-

spot_img

POPULAR

Climate risks at the settlement level: Central Bank of Armenia unveils new tool

The Central Bank of Armenia, with the support of the Asian Development Bank, has unveiled the "Armenia Climate Risk Maps" program, which enables the assessment of climate-related and natural threats specific to various territories at the settlement level.

EDB expects Armenia’s GDP to grow by 6% in 2026 amid high economic activity

The Eurasian Development Bank (EDB) expects Armenia's GDP to increase by 6% in 2026, according to the bank's weekly macro-review.

Armenian Government Approves 2027 State Budget Draft

At its meeting on Thursday, the Armenian government approved the draft law "On the State Budget of the Republic of Armenia for 2027," which will be submitted to the National Assembly in accordance with established procedure.

Financial literacy among children: Idram&IDBank

Did you know that, on average, only 11% of 15-year-old students in OECD countries demonstrate capabilities corresponding to the highest, 5th level of financial literacy?

Team Holding Raises Approximately $35 Million on the Armenian Capital Market via Bond Issuance

Team Holding has completed its corporate bond public offering program in Armenia, raising funds equivalent to approximately $35 million.

LATEST NEWS

spot_imgspot_imgspot_img